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Lotto24 AG (LO24n.DE)

LO24n.DE on Xetra

10.51EUR
24 Oct 2017
Change (% chg)

€-0.09 (-0.90%)
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€10.60
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Volume
66
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12,979
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€11.80
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Latest Key Developments (Source: Significant Developments)

Lotto24 9-month net result turns to profit of 1.3 million euros
Thursday, 19 Oct 2017 11:43am EDT 

Oct 19 (Reuters) - LOTTO24 AG ::ADJUSTS GUIDANCE FOR 2017 FOLLOWING EXCEPTIONALLY WEAK JACKPOT TREND IN THE THIRD QUARTER OF 2017.‍9MTH REVENUES ROSE BY A PROVISIONAL 20.2 % TO EUR 18.8 MILLION (PREVIOUS YEAR: EUR 15.6 MILLION)​.‍EBIT IN FIRST NINE MONTHS OF 2017 AMOUNTED TO EUR 0.5 MILLION (PREVIOUS YEAR: EUR -3.7 MILLION)​.‍9MTH NET PROFIT AMOUNTED TO EUR 1.3 MILLION (PREVIOUS YEAR: EUR -1.3 MILLION)​.‍PREVIOUSLY EXPECTED BILLINGS FOR 2017 COULD ONLY BE ACHIEVED ON CONDITION OF STRONG JACKPOT EFFECTS IN Q4 2017​.‍NOW EXPECTS AN INCREASE IN BILLINGS FOR FULL YEAR OF 10 % TO 15 % (PREVIOUSLY: 15 % TO 20 %)​.‍NOW EXPECTS FULL YEAR CONSISTENT GROSS MARGIN​.‍CONTINUES TO ASSUME 2017 EBIT WILL SLIGHTLY EXCEED BREAK-EVEN AND NET PROFIT WILL BE WELL ABOVE BREAK-EVEN​.  Full Article

Lotto24 H1 net result swings to profit of EUR 0.6 mln
Wednesday, 9 Aug 2017 01:30am EDT 

Aug 9 (Reuters) - LOTTO24 AG ::H1 REVENUES OF EUR 13.0 MILLION EXCEEDED PRIOR-YEAR FIGURE (EUR 9.2 MILLION) BY AS MUCH AS 40.6%.FOLLOWING POSITIVE DEVELOPMENT OF BUSINESS IN FIRST HALF OF 2017, WE ARE WELL ON TRACK TO REACH OUR TARGETS AGAIN.AT EUR 112.8 MILLION, H1 BILLINGS WERE UP 33.4% ON PREVIOUS YEAR (EUR 84.5 MILLION).IN FIRST HALF OF 2017, EBIT REACHED EUR 0.4 MILLION (PRIOR YEAR: EUR -3.4 MILLION) AND NET PROFIT EUR 0.6 MILLION (EUR -1.4 MILLION).  Full Article

Lotto24 Q1 net loss widens to EUR 1.1 million
Wednesday, 10 May 2017 01:43am EDT 

May 10 (Reuters) - LOTTO24 AG ::AT EUR 58.2 MILLION, BILLINGS IN Q1 OF 2017 WERE UP 40.5% ON PREVIOUS YEAR (EUR 41.4 MILLION), WHILE REVENUES CLIMBED BY AS MUCH AS 50.7% TO EUR 6.7 MILLION (PRIOR YEAR: EUR 4.4 MILLION).Q1 IMPROVED EBIT RESULT OF EUR -0.1 MILLION (PRIOR YEAR: EUR -2.1 MILLION).Q1 NET RESULT OF EUR -1.1 MILLION WAS SLIGHTLY DOWN ON PREVIOUS YEAR (EUR -0.8 MILLION).2017 EBIT IS EXPECTED TO SLIGHTLY EXCEED BREAK-EVEN; NET PROFIT WILL BE CLEARLY ABOVE BREAK-EVEN POINT.  Full Article

Lotto24 Q4 revenues up 95 pct at 6.9 mln euros
Tuesday, 10 Jan 2017 09:44am EST 

Lotto24 AG : Very strong fiscal year 2016 with 399 thousand new customers . In Q4 of 2016, billings reached around 59.0 million euros ($62.50 million)(prior year: 35.3 million euros) and thus grew year on year by about 67 pct . With a preliminary figure of 6.9 million euros (prior year: 3.6 million euros), revenues even rose by around 95 pct in Q4 of 2016 . For fiscal year 2016 as a whole, billings and revenues thus grew by approximately 47 pct to 200.5 million euros (prior year: 136.3 million euros) and around 67 pct to 22.6 million euros (prior year: 13.5 million euros) respectively . Based on preliminary calculations, there was a significant improvement in fy ebit to -3.9 million euros (prior year: -13.4 million euros) and in net profit to -2.3 million euros (prior year: -10.8 million euros) . Lotto24 also expects to raise billings by 15 pct to 20 pct in 2017 with a stable gross margin compared to previous year .2017 EBIT is expected to slightly exceed break-even; net profit will be clearly above break-even point.  Full Article

Lotto24 H1 revenues up 51.3 pct at 9.2 million euros
Thursday, 11 Aug 2016 01:31am EDT 

Lotto24 AG : H1 billings rose by 35.0 pct to 84.5 million euros ($94.32 million) (prior year: 62.6 million euros) . H1 revenues up by as much as 51.3 pct to 9.2 million euros (prior year: 6.1 million euros) .In 2016 expects increase in billings of 25 pct to 30 pct and a slight year-on-year improvement in gross margin. According to company expectations, losses will be lower than in previous year with regard to both ebit and net result.  Full Article

Lotto24 confirms FY 2016 guidance
Tuesday, 12 Apr 2016 08:38am EDT 

Lotto24 AG:Initial FY 2016 guidance, published in January 2016, will remain unchanged and reviewed again in course of publication of its half-yearly financial report.  Full Article

Lotto24 gives FY 2016 guidance in line with analysts' estimates
Thursday, 14 Jan 2016 10:43am EST 

Lotto24 AG:In 2016 expects billings to rise by 25 pct to 30 pct with a slight year-on-year improvement in gross margin​.In 2016 ‍losses of two KPIs EBIT and net profit will be much lower than in previous year.FY 2015 EBIT loss 13.4 million euros.FY 2015 net profit 10.8 million euros.FY 2016 EBIT loss estimate 5.6 million euros - Thomson Reuters I/B/E/S.FY 2016 net loss estimate 5.6 million euros - Thomson Reuters I/B/E/S.  Full Article

Lotto24 AG confirms FY 2015 guidance
Thursday, 12 Nov 2015 02:00am EST 

Lotto24 AG:FY 2015 guidance confirmed.Still anticipates for FY 2015 a modest increase in gross margin and a reduction in CPL compared to previous year.Expects 2015 EBIT and net profit to be on a par with previous year.FY 2015 EBIT loss estimate 12.44 million euros - Thomson Reuters I/B/E/S.FY 2015 net loss estimate 13.10 million euros - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Lotto24 9-month net result turns to profit of 1.3 million euros

* ADJUSTS GUIDANCE FOR 2017 FOLLOWING EXCEPTIONALLY WEAK JACKPOT TREND IN THE THIRD QUARTER OF 2017